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Netflix, Inc. (NFLX) Expands Buyback Capacity with New $25B Authorization

We recently compiled a list of the 10 Most Popular Stocks on Robinhood in 2026. Netflix, Inc. is among the most popular stocks on Robinhood

TheFly reported that NFLX authorized an additional $25 billion in share repurchase authorization on April 22, 2026, approved by its Board of Directors, expanding the company’s buyback capacity. The authorization is separate from the repurchase program approved in December 2024 and carries no expiration date.

As of March 31, Netflix, Inc. (NASDAQ:NFLX) reported approximately $6.8 billion remaining under the earlier authorization. The move reflects continued capital return activity through ongoing equity repurchases under multiple programs. These actions highlight the company’s continued use of large-scale buybacks alongside its existing capital allocation strategy aimed at returning excess cash to shareholders over time through multiple program frameworks.

Further signaling its commitment to high-end content production, Bloomberg reported on April 21. The potential deal would value the property at a significantly lower level than its 2021 sale price of $1.85 billion, following financial distress tied to the current ownership structure. The studio lot was turned over to lenders after the owner defaulted on $1.1 billion of debt and failed to complete a refinancing. The asset is now controlled by creditors, including Goldman Sachs, as discussions continue regarding a possible sale of the production facility.

Netflix, Inc. (NASDAQ:NFLX) is a U.S.-based streaming platform founded in 1997 by Reed Hastings and Marc Randolph. It offers movies, TV shows, and games in over 190 countries and has over 300 million subscribers after shifting from DVD rentals to streaming in 2007.

While we acknowledge the risk and potential of NFLX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NFLX F and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years 

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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